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We knew this was coming, but the BMW 1 Series M Coupe is now history. While BMW is still building out the model run, it has closed ordering and "all cars are spoken for," according to Car and Driver.

Jon Sibal is a very talented artist, and he recently turned his virtual pen on the all-new 2012 BMW 1 Series M Coupe. This rendering is going to be more than just a desktop wallpaper and a dream, however, because a BMW tuning company in Chicago is going to build it.

2012 BMW 1 Series M Coupe – Click above for high-res image gallery

2012 BMW 1 Series M Coupe revealed – Click above to watch the video after the jump

BMW's Version Of A Blue Light Special For Speed